Articles

Home Depot Offers FREE 12-Month Credit Monitoring

Filed in Credit Monitoring, News by on September 9, 2014 0 Comments
Home Depot Offers FREE 12-Month Credit Monitoring

As you may have already heard, Canadians are affected by the recent Home Depot credit card breach. Home Depot has issued a letter to customers regarding the data theft which could have severe impact to its customers who has purchased items in stores across Canada. Customers who have used credit cards from April 2014 and […]

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Credit and Debit Cards: What’s the Difference?

Filed in blog, Personal Finance by on May 7, 2014 0 Comments
Credit and Debit Cards: What’s the Difference?

Using plastic is an easy, convenient way to pay for goods and services with a wide variety of merchants. While credit and debit cards may look the same, they are in fact different. Debit cards are linked to your checking account and can only be used up to the amount in there, whereas credit cards […]

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How Does Salary Impact Credit Scores?

Filed in Credit Score by on March 21, 2014 0 Comments
How Does Salary Impact Credit Scores?

Salary is not a factor in determining your credit score. The key reason income is not report to the Canadian credit bureau is simply because the money you make doesn’t really affect whether you have good or bad credit scores. The major credit reporting agencies in Canada have included it in credit reports but because […]

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Is Filing Taxes Over the Internet Secure?

Filed in blog, Personal Finance by on March 19, 2014 1 Comment

The great Canadian tax season is upon us! Dust off your calculators and sharpen your pencils. If you have them ready, you join close to 7 million Canadians filed their taxes the old-fashioned way: through the mail. Yes a large group of us still fill out paper forms; however, over the past 10 years you […]

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Are Credit Checks Done with Mortgage Renewals?

Filed in Credit Reports, Personal Finance by on March 18, 2014 0 Comments
Are Credit Checks Done with Mortgage Renewals?

The Canadian housing market is truly a unique one. House prices have increased multiple times especially in Vancouver and Toronto. Interest rates are still hovering very low with an upward trending pressure. Canadians who have locked in their mortgages for 3 or 5 years have nothing to worry about until renewal time. If you haven’t […]

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Keeping your credit history safe with with two-step verification

Filed in blog, Credit Monitoring, Personal Finance by on March 14, 2014 0 Comments

Online credit fraud will naturally see an increase as Canadians become more comfortable doing shopping or banking online. In fact, online banking has seen an exponential increase partly because of the convenience of being able to pay bills and transfer money while at home. Identity theft techniques can range from unsophisticated, such collecting your information […]

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Can age lower my credit score?

Filed in Credit Score, Personal Finance by on March 5, 2014 0 Comments

Some of the key components of the credit score are based upon on length of credit, how currently you pay your bills, how much of your credit card credit limits you use, inquiries, and other minor measurements.  Age is not really a factor in your credit score, but it’s never that easy. Length of credit […]

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What happens to my credit report when I die?

Filed in Credit Reports by on February 28, 2014 0 Comments
What happens to my credit report when I die?

The topic of this article comes across almost like a stupid question.  What happens to your credit report when you die? You’re dead and I’m sure you’ve long since stopped concerning yourself with your credit report in lieu of more important items. The issue here has more to do with what your family members need to […]

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Big tax refunds by paying more taxes on purpose

Filed in blog, Debt Management, Personal Finance by on January 20, 2014 0 Comments
Big tax refunds by paying more taxes on purpose

With the tax season upon us and holiday bills coming in, it is also time for a little reminder about checking your Canadian Credit Report for Free. Ideally Canadians should check their credit score and credit history at least once a year. Personally I like to be informed on changes to my credit rating and […]

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Credit Monitoring: Garbage in – Garbage Out

Filed in Credit Monitoring by on December 10, 2013 0 Comments
Credit Monitoring: Garbage in – Garbage Out

You probably heard this a million times already and you will hear it again, check your credit reports regularly.  Credit card fraud and identity theft is on the rise and you don’t want to be caught with bad credit history. Banks and credit card companies have come together to help teach their clients how to […]

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